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FedEx combines delivery companies to CUT COST | World Business Watch | WION
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FedEx announced that it will consolidate its separate delivery companies into a single entity, as the group slims its bloated infrastructure to compete better with United Parcel Service and Amazon. The move comes almost an year after activist investor D.E. Shaw pushed for change and won two additional board seats.
#fedex #costcutting #businessnews
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#fedex #costcutting #businessnews
About Channel:
WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to world politics. People are tired of biased reportage and we stand for a globalized united world. So for us, the World is truly One.
Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs and personal insults.
Connect with us on our social media handles:
Follow us on Google News for the latest updates
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